The Bangladeshlivenews reported that Bangladesh left Pakistan behind in all the sectors of the economy in 2023-24 as Dhaka presented a budget of USD 71 billion and a growth rate of 7.5 per cent, whereas Pakistan's growth rate is only 3.5 per cent and inflation cost is 21 per cent. Bangladesh
Karnataka Chief Minister Siddaramaiah assured that discussion will be held regarding the implementation of the old pension scheme in the cabinet and a decision will be taken to announce it in the budget.
The country remains mired in political and economic crises, amid punishing inflation that neared 38 per cent in May. On Monday, the central bank left its benchmark rate unchanged at a record-high 21 per cent, saying it thinks inflation has "peaked."
Sarnath, 10km from Varanasi, is one of the most revered Buddhist pilgrimage centres. It is believed that after attaining Enlightenment at Bodh Gaya, it was here that Lord Buddha preached his first sermon, sanctified as Maha Dharm Chakra Parivartan.
Initially, the Pakistani government had budgeted PKR 3.9 trillion to cover markup on loans for the ongoing fiscal year 2022-23. However, revised estimates have revealed that the spending on interest payments rose to PKR 5.52 trillion.
While addressing the media, Union Minister said," The government of India in last 9 budgets has spent more than Rs 1 lakh crores towards fertilizer subsidy to ensure that the farmers are insulated from the fluctuations of the market price of Urea and NPK Fertilisers."
The federal budget for Fiscal Year 2023-24, presented by Pakistan Finance Minister Ishaq Dar on Friday, came as a huge disappointment for homemakers as it offered no respite from surging household expenses, The News International reported.
Pakistan's National Assembly (NA) session began with the recitation of the Holy Quran followed by the national anthem. The country's Prime Minister Shehbaz Sharif was also in attendance.